Connected cars are equipped with the Internet and wireless services that help automobile to connect with networks or services outside the automobile. M2M connections are established between two electronic or mechanical devices for automated data transmission. Connected car M2M connection refers to the automated wireless data transmission between two cars, a car and an OEM, a car and third-party service providers, car and enterprises, a car and the Internet-capable devices, or a car and infrastructure. Connected car M2M services help in navigation, infotainment, tracking stolen vehicles, telematics, roadside assistance, video transmission, and making automated calls during emergencies such as accidents, malfunctioning of devices, fuel leakage, and fire. Users can even check the performance of their vehicle with the help of connected car M2M connections and services.

Technavio's analysts forecast the connected car M2M connections and services market in APAC to grow at a CAGR of 48.77% over the period 2014-2019.

Covered in this report

The report covers the current scenario and the growth prospects of the connected car M2M connections and services market in APAC for the period of 2015-2019. To calculate the market size, the report considers

Service revenue generated from the OEM and aftermarket equipment. It doesn't include OEMs revenue and connected car sales revenue

Revenue from infotainment, navigation, and telematics services

It also includes vehicle management, on-drive management, safety and security, driver assistance, and others

Data analytic services and automotive apps

Technavio's report, Connected Car M2M Connections and Services Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the connected car M2M connections and services market in APAC and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.Key vendors

Audi Connect

BMW ConnectedDrive

CariQ

China Unicom

Delphi Connect

Ford Sync

Shanghai OnStar

Toyota G-Book

Vodafone

Wipro

Other prominent vendors

Airbiquity

inkaNet

Mahindra

Maven

Mercedes-Benz Connect

QNX Software Systems

Qoros

WirelessCar

Key market driver

Safety and security zone

For a full, detailed list, view our report

Key market challenge

Security and network integration issues

For a full, detailed list, view our report

Key market trend

Deployment of V2X technologies in vehicles

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Press Release

Technavio Announces the Publication of its Research Report – Connected Car M2M connections and Services Market in APAC 2015-2019Technavio recognizes the following companies as the key players in the Connected Car M2M connections and Services Market in APAC: Daihatsu, Delphi Automotive, Mahindra and VirdataCommenting on the report, an analyst from Technavio’s team said: “The deployment of V2X technologies in vehicles also enables them to communicate with each other and send or receive any relevant information needed while traveling. These features along with an increase in embedded telematics solutions are expected to boost market growth.”According to the report, in a connected car, safety and security features are more advanced, helping it to detect critical situations well ahead and warn through appropriate alerts and notifications. These features include remote vehicle diagnostics, which track the vehicle’s health and automatically fix an appointment with the nearest service dealer, if required.Further, the report states that the lack of convergence between the life cycles of the automotive and mobile industries is a significant challenge for this market.